Selena Gomez isNOT wasting money with out-of-control spending, despite a ridiculous new report.
Extreme Entertainment canexclusively bust the rumor, which alleges that Gomez is “tearing through her estimated $16 million fortune at breakneck speed.”
The speculation started with Life & Style, which says the singer is spending too much money on real estate, private jets, and extended hotel stays.
Of course, last week the tabloid published a bogus story about Gomez and Justin Bieber’s alleged “secret wedding.”
And the mag is still flailing about, desperate for a scoop and listening to ill-informed sources.
“The story couldn’t be farther from the truth,” a source close to Gomez tells Extreme Entertaintment exclusively. “She’s extremely careful with her spending” and “always has been.”
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